Vishay Intertechnology (NYSE:VSH) Hits New 1-Year Low – Here’s Why

Vishay Intertechnology, Inc. (NYSE:VSH)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $15.27 and last traded at $15.37, with a volume of 19811 shares. The stock had previously closed at $15.36.

Analysts Set New Price Targets

VSH has been the subject of several research analyst reports. TD Cowen reduced their price objective on Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating for the company in a research note on Thursday, August 8th. StockNews.com raised Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Tuesday.

Vishay Intertechnology Stock Performance

The firm has a market cap of $2.07 billion, a price-to-earnings ratio of 24.56 and a beta of 1.09. The stock has a fifty day moving average price of $17.75 and a 200 day moving average price of $20.60. The company has a current ratio of 2.81, a quick ratio of 1.85 and a debt-to-equity ratio of 0.38.

Vishay Intertechnology (NYSE:VSH) last released its earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.06). Vishay Intertechnology had a net margin of 2.88% and a return on equity of 5.35%. The business had revenue of $735.35 million during the quarter, compared to analyst estimates of $748.84 million. During the same period last year, the business earned $0.60 EPS. The business’s quarterly revenue was down 13.9% compared to the same quarter last year. As a group, analysts predict that Vishay Intertechnology, Inc. will post 0.55 earnings per share for the current year.

Vishay Intertechnology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date of this dividend is Tuesday, December 3rd. Vishay Intertechnology’s dividend payout ratio (DPR) is 64.52%.

Institutional Trading of Vishay Intertechnology

A number of large investors have recently bought and sold shares of VSH. Mountaineer Partners Management LLC grew its holdings in shares of Vishay Intertechnology by 924.9% during the third quarter. Mountaineer Partners Management LLC now owns 20,844,077 shares of the semiconductor company’s stock worth $394,161,000 after purchasing an additional 18,810,325 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Vishay Intertechnology by 5.0% during the first quarter. Vanguard Group Inc. now owns 14,919,132 shares of the semiconductor company’s stock worth $338,366,000 after purchasing an additional 714,275 shares during the last quarter. Deprince Race & Zollo Inc. grew its holdings in shares of Vishay Intertechnology by 94.0% during the second quarter. Deprince Race & Zollo Inc. now owns 3,129,207 shares of the semiconductor company’s stock worth $69,781,000 after purchasing an additional 1,516,368 shares during the last quarter. American Century Companies Inc. grew its holdings in shares of Vishay Intertechnology by 12.7% during the second quarter. American Century Companies Inc. now owns 3,109,768 shares of the semiconductor company’s stock worth $69,348,000 after purchasing an additional 350,512 shares during the last quarter. Finally, Fisher Asset Management LLC grew its holdings in shares of Vishay Intertechnology by 2.5% during the third quarter. Fisher Asset Management LLC now owns 2,673,088 shares of the semiconductor company’s stock worth $50,548,000 after purchasing an additional 66,268 shares during the last quarter. 93.66% of the stock is currently owned by institutional investors.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.